Ormat Technologies Endorses Nevadans for a Clean Energy Future

03 May 2018

Nevadans for a Clean Energy Future announced that Reno-based Ormat Technologies, a geothermal energy company that employs more than 230 in-state residents, will endorse the effort to increase the state’s Renewable Portfolio Standard (RPS) to 50 percent by 2030.

Generating more than 700 Megawatts (MW) of geothermal capacity worldwide, Ormat is a global leader in renewable energy development with a strong record of supporting policies in Nevada to end our dependence on dirty fossil fuels.

Nevada’s abundance of untapped geothermal energy, a zero-emission resource generated by converting heat from the earth’s core into electricity, is a major component of the state’s clean energy future that will reduce emissions, improve public health, and create new jobs. The U.S. Geological Survey ranked Nevadaas having the second-most geothermal reserves in the nation.

“Few places in the world have the potential to develop geothermal energy like Nevada,” said Paul Thomsen, Executive Director at Ormat Technologies and former Chairman of the Public Utilities Commission of Nevada. “By increasing the state’s use of renewable energy, we commit to galvanizing an industry where we have a natural advantage right under our feet. Renewable projects like the ones we do at Ormat reduce the need to burn fossil fuels and prevent emissions from polluting the air. We believe this ballot initiative will ensure that Nevada residents are harvesting a Nevada product that improves the well-being of all Nevadans.” 

BACKGROUND 

Nevadans for a Clean Energy Future is asking voters if they want 50 percent of the state’s power supply to be generated with renewables by 2030.  The ballot measure would update the current Renewable Portfolio Standard (RPS) law in order to curb energy costs, create jobs for Nevadans, and reduce harmful pollution, regardless of what companies sell energy in Nevada in the coming years. Nevadans for a Clean Energy Future must collect 112,544 signatures by June 19th in order to qualify for the  2018 ballot. The effort is supported by community leaders, businesses, and advocates.

Nevadans for a Clean Energy Future | cleanfuturenv.com